All Star Guru Scorecard

Detailed Analysis

Guru Score: 31%

P/E RATIO: [FAIL]

The P/E of a company must be greater than 5 to eliminate weak companies, but not more than 3 times the current Market P/E because the situation is much too risky, and never greater than 43. Unfortunately the P/E ratio for CDXS's is not available. Hence, no opinion can be rendered at the present time.

REVENUE GROWTH IN RELATION TO EPS GROWTH: [FAIL]

Revenue growth must not be substantially less than earnings growth. For earnings to continue to grow over time they must be supported by a comparable or better sales growth rate and not just by cost cutting or other non-sales measures. Unfortunately, we do not have sufficient data available for CDXS. Therefore, no conculsion on this variable can be made at this time.

SALES GROWTH RATE: [FAIL]

Another important issue regarding sales growth is that the rate of quarterly sales growth is rising. To evaluate this, the change from this quarter last year to the present quarter (49.05%) must be examined, and then compared to the previous quarter last year compared to the previous quarter (79.44%) of the current year. Sales growth for the prior must be greater than the latter. For CDXS this criterion has not been met and fails this test.

The earnings numbers of a company should be examined from various different angles. Three of these angles are stability in the trend of earnings, earnings persistence, and earnings acceleration. To evaluate stability, the stock has to pass the following four criteria.

CURRENT QUARTER EARNINGS: [PASS]

The first of these criteria is that the current EPS be positive. CDXS's EPS ($0.01) pass this test.

QUARTERLY EARNINGS ONE YEAR AGO: [FAIL]

The EPS for the quarter one year ago must be positive. CDXS's EPS for this quarter last year ($-0.25) fail this test.

POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: [PASS]

The growth rate of the current quarter's earnings compared to the same quarter a year ago must also be positive. CDXS's growth rate of 104.00% passes this test.

EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: [FAIL]

Compare the earnings growth rate of the past four quarters with long-term EPS growth rate. Earnings growth in the past 4 quarters should be at least half of the long-term EPS growth rate. A stock should not be considered if it posted several quarters of skimpy earnings. CDXS's data is unavailable an hence an opinion cannot be rendered.

This strategy looks at the rate which earnings grow and evaluates this rate of growth from different angles. The 4 tests immediately following are detailed below.

EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: [PASS]

If the growth rate of the prior three quarter's earnings, -37.80%, (versus the same three quarters a year earlier) is less than the growth rate of the current quarter earnings, 104.00%, (versus the same quarter one year ago) then the stock passes.

EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: [FAIL]

Unfortunately, the data needed to evaluate CDXS is not available at this time. Hence, the stock fails this criterion.

EARNINGS PERSISTENCE: [FAIL]

Companies must show persistent yearly earnings growth. To fulfill this requirement a company's earnings must increase each year for a five year period. CDXS, whose annual EPS growth before extraordinary items for the previous 5 years (from the earliest to the most recent fiscal year) were -$0.35, -$0.46, -$0.84, -$1.08, and -$0.50, fails this test.

LONG-TERM EPS GROWTH: [FAIL]

One final earnings test required is that the long-term earnings growth rate must be at least 15% per year. Unfortunately we do not have sufficient data available for CDXS. Hence, no opinion can be given on this criterion.

TOTAL DEBT/EQUITY RATIO: [PASS]

A final criterion is that a company must not have a high level of debt. A high level of total debt, due to high interest expenses, can have a very negative effect on earnings if business moderately turns down. If a company does have a high level, an investor may want to avoid this stock altogether. CDXS's Debt/Equity (0.00%) is not considered high relative to its industry (87.16%) and passes this test.

The names of individual investment advisors (i.e., the 'gurus') appearing ON THIS WEBSITE
are for identification purposes ONLY. The names are used to identify the methodology as
derived from the guru's published sources. The names of the individual gurus are not
intended to suggest or imply any affiliation with or endorsement of, or even any agreement
with the information displayed on this website personally by such gurus, or any knowledge
or approval by such persons of the content on this website. All trademarks, service marks
and trade names appearing on this website are the property of their respective owners, and
are likewise used for identification purposes only.

The NASDAQ Stock Market, Inc. ("NASDAQ"), its affiliates, third party information providers,
or any of these entities' officers, employees, directors, or agents have not: (1) passed
on the merit of the information provided on this website or on any of these securities; or
(2) endorsed or sponsored any of these securities. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
The information contained on this website is provided for informational purposes only. See Full Disclaimer Below
See Full Disclaimer

Please note that once you make your selection, it will apply to all future visits to NASDAQ.com.
If, at any time, you are interested in reverting to our default settings, please select Default Setting above.

If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com.

Please confirm your selection:

You have selected to change your default setting for the Quote Search. This will now be your default target page;
unless you change your configuration again, or you delete your
cookies. Are you sure you want to change your settings?